Our monthly update for October 2021 is now available. The earnings announcements for the July-to-September quarter indicate that corporate profits have stayed robust despite the fears of inflation, although supply chain issues are still a drag on many companies. The reverse side of that supply chain issue though is that there seems to be strong consumer demand, which is an opportunity in the coming months.
Looking back on October 2021
- The fund was up 8.75% in October
- Month-to-month volatility remains the key feature at the moment
- Although, to be fair, few people complain about upwards volatility
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